Tuesday 16 October 2018
 
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Opec

UAE non-oil private sector expanding: Opec

Operating conditions in the UAE non-oil private sector remained in expansion territory in September, even improving from August’s strong performance, according to the Opec's Monthly Oil Market Report – October 2018.

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OFID finances energy projects worth $1.6bn

The Opec Fund for International Development (OFID) is financing energy projects worth $1.6 billion in Arab countries, said  Suleiman Al-Herbish, director-general of OFID.   He said that support to developmen

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Oil to see massive demand thrust through 2040: Opec

Oil is expected to remain the fuel with the largest share in the energy mix through 2040, said Opec in its World Oil Outlook 2018, raising the long-term oil demand upward for the second consecutive year, with demand at over 111.7 million barrels

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Opec+ oil output cut deal compliance at 129pc

The compliance of Opec and non-cartel producers with the Vienna oil output deal reached 129 per cent in August, a media report said, citing an announcement by the Joint Opec-non-Opec Ministerial Monitoring Committee (JMMC) following its tenth me

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Opec fund approves $270m aid

The board of governors of the Opec International Development Fund (OFID) has approved $270 million financing plan for projects supporting sustainable development in many developing countries worldwide.   OFID app

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Opec fund approves $270m aid

The board of governors of the Opec International Development Fund (OFID) has approved $270 million financing plan for projects supporting sustainable development in many developing countries worldwide.   OFID app

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Opec+ nations hit 109pc conformity level in July

Opec and Non-Opec countries participating in the "Declaration of Cooperation" have achieved a conformity level of 109 per cent in July, said the Joint Ministerial Monitoring Committee (JMMC) following a meeting to review the monthly

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UAE growth to pick up on gains in non-oil sector

Driven by ongoing infrastructure investment in the non-oil economy and increasing output in the oil sector, UAE’s headline growth is set to accelerate from 0.8 per cent in 2017 to around 2.5 per cent in 2018 and 3.3 per cent in 2019, a rep

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UAE growth to pick up on gains in non-oil sector

Driven by ongoing infrastructure investment in the non-oil economy and increasing output in the oil sector, UAE’s headline growth is set to accelerate from 0.8 per cent in 2017 to around 2.5 per cent in 2018 and 3.3 per cent in 2019, a rep

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UAE growth to pick up on gains in non-oil sector

Driven by ongoing infrastructure investment in the non-oil economy and increasing output in the oil sector, UAE’s headline growth is set to accelerate from 0.8 per cent in 2017 to around 2.5 per cent in 2018 and 3.3 per cent in 2019, a rep

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